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$191,156

NAL Estimated Property Value

2302 62nd St, Lubbock, TX, 79412

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,764 Sq Ft
price_per_sqft$92.4 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range

Exterior

Lot Size9,112 sqft

Building Information

Year Built1962
Roof Type105
Garage Spaces440

Land Information

APNR66699
Lot Number3205
SubdivisionOakwood
Land UseResidential
Legal DescriptionOAKWOOD L 461
Census Tract002203
Assessed Land Value$32,500
Assessed Improvement Value$158,656
Assessment Year2025

About this property

Checkout this awesome duplex to add to your Investment Portfolio. Both units are leased at $750/mo each through FEB 2026.

Investor Tools

Property Icon
$191,156
Estimated Property Value
$107,901Estimated Mortgage Balance
$83,255Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,147 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,908
$191,156
2025
$32,500
$158,656
$191,156
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,908
$191,156

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vista Bank
Open End Mortgage / Open End With Future Advance Clause
$116,000
No
First
Aug 1, 2022
Aug 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,901
$83,255
43%
56%
$696/mo

City: Lubbock

2302 62nd St | Property Details | No Agent List